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Kingston Resources Ltd. ( (AU:KSN) ) has provided an announcement.
Kingston Resources has accelerated its transition into a multi-commodity producer at Mineral Hill, where it is adding copper output alongside existing gold and silver production. By restarting underground operations and successfully processing low-grade copper and gold ore, the company is positioning itself to capitalise on strong copper demand and improve its revenue diversification.
The company reported that first underground copper concentrate production was achieved a quarter ahead of schedule, following a successful 6,000-tonne processing plant trial. The trial delivered a high-quality, saleable copper concentrate with robust recoveries, allowed optimisation of the plant flowsheet and operator training, and de-risked the full-scale underground restart by identifying operational improvements before ramp-up later this quarter.
More about Kingston Resources Ltd.
Kingston Resources Ltd is an Australian-listed mining company focused on developing and operating the Mineral Hill project in New South Wales. The company is evolving Mineral Hill into a multi-commodity operation producing gold, silver and now copper, aiming to diversify revenue streams and increase exposure to favorable long-term copper market fundamentals.
YTD Price Performance: -24.80%
Average Trading Volume: 3,795,520
Technical Sentiment Signal: Sell
Current Market Cap: A$79.14M
Find detailed analytics on KSN stock on TipRanks’ Stock Analysis page.